Ann: Working Solid State Battery Produced and Unveiled in NY, page-32

Hey Bullish,

I'm as pro MNS as anyone else here on these forums. Yes, MNS has Nachu as well as the SEZ for Magnis Technologies Tanzania. They will be able to be a member of the supply chain in the future producing graphite and anode materials for Lithium-ion batteries. No one here is arguing that.

However, it is important to recognise that Nachu does not have Finance in place. Construction of the mine has not commenced yet and there is still uncertainty surrounding the Mining Licences and future development of mining industry in Tanzania. Do you really expect MNS to be producing 240,000tpa of graphite in 9 months time? The question that was asked was "how does the battery produced in Q2 benefit Magnis?" As the mine will not be in production at this time, the supply of materials is not a relevant response. Further Down the track, sure. But not Q2 2019. Would love for you to prove me wrong